WASHINGTON, D.C. – The Insured Retirement Institute (IRI) issued the following statement by Wayne Chopus, President & CEO on U.S. House of Representatives vote to pass the Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2021 (HR 3962).
“Today, by a bipartisan vote, the House voted to remove regulatory barriers that can impede transparent and safe digital transactions consumers want and expect,” said Wayne Chopus, IRI President and CEO. “IRI leads an industry initiative to advance digital solutions for annuity transactions. We will continue to work with legislators and regulators to identify and address regulatory barriers that require physical signatures on documents when safe, secure technology allows for signature, notarization, and verification virtually and electronically. We will now turn our attention to the Senate to urge approval of this critical legislation.”
Background
Link to May 26 IRI press release
# # #
Contact: Dan Zielinski
Stay Informed
Latest News
DFA1: How DFA Is Changing the Way Annuities Get Done
In the June episode of DFA1, Katherine Dease, Chief Technology and Innovation Officer, explains how IRI’s Digital First of Annuities…
IRI URGES DOL TO RECOGNIZE ANNUITIES AS IMPORTANT CATEGORY OF RETIREMENT INCOME TOOLS
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) expressed general support for a proposed rule issued by the U.S. Department…
May News Clips
News Articles IRI is quoted or mentioned. Life Annuity Specialist – Execution Challenges Drag on Annuity Industry Digitization (subscription required)…